Reported Earnings • Apr 28
Third quarter 2026 earnings released: PK₨1.88 loss per share (vs PK₨3.22 loss in 3Q 2025) Third quarter 2026 results: PK₨1.88 loss per share (improved from PK₨3.22 loss in 3Q 2025). Revenue: PK₨8.58b (up 35% from 3Q 2025). Net loss: PK₨204.7m (loss narrowed 42% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 20
Gatron (Industries) Limited to Report Q3, 2026 Results on Apr 25, 2026 Gatron (Industries) Limited announced that they will report Q3, 2026 results at 9:30 AM, Pakistan Standard Time on Apr 25, 2026 Reported Earnings • Mar 04
Second quarter 2026 earnings released: PK₨3.50 loss per share (vs PK₨6.56 loss in 2Q 2025) Second quarter 2026 results: PK₨3.50 loss per share (improved from PK₨6.56 loss in 2Q 2025). Revenue: PK₨6.29b (down 13% from 2Q 2025). Net loss: PK₨381.0m (loss narrowed 47% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 20
Gatron (Industries) Limited to Report First Half, 2026 Results on Feb 28, 2026 Gatron (Industries) Limited announced that they will report first half, 2026 results on Feb 28, 2026 Aankondiging • Jan 05
Gatron (Industries) Limited Announces the Resignation of Muhammad Naeem as Chief Financial Officer, Effective December 31, 2025 Gatron (Industries) Limited announced that Mr. Muhammad Naeem has resigned from the position of Chief Financial Officer of Gatron (Industries) Limited with effect from December 31, 2025. Reported Earnings • Oct 09
Full year 2025 earnings released: PK₨18.53 loss per share (vs PK₨5.07 loss in FY 2024) Full year 2025 results: PK₨18.53 loss per share (further deteriorated from PK₨5.07 loss in FY 2024). Revenue: PK₨26.3b (down 23% from FY 2024). Net loss: PK₨2.01b (loss widened 358% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 07
Gatron (Industries) Limited, Annual General Meeting, Oct 27, 2025 Gatron (Industries) Limited, Annual General Meeting, Oct 27, 2025. Location: at makran hall, sarena hotel, zarghun road quetta, quetta Pakistan New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (PK₨17.5b market cap, or US$61.5m). Reported Earnings • Feb 28
Second quarter 2025 earnings released: PK₨6.56 loss per share (vs PK₨1.66 loss in 2Q 2024) Second quarter 2025 results: PK₨6.56 loss per share (further deteriorated from PK₨1.66 loss in 2Q 2024). Revenue: PK₨7.22b (down 30% from 2Q 2024). Net loss: PK₨713.4m (loss widened 295% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 18
Gatron (Industries) Limited Announces Company Secretary Changes Gatron (Industries) Limited has officially announced the appointment of Mr. Shameer Muhammad Haroon as the new Company Secretary, succeeding Mr. Muhammad Yasin Bilwani. This change in leadership will take effect from January 17, 2025, marking a new chapter for the company. Gatron (Industries) Limited, a prominent player in the designated market category, has made this significant change to ensure continued compliance and effective corporate governance. The transition from Mr. Muhammad Yasin Bilwani to Mr. Shameer Muhammad Haroon is expected to bring fresh perspectives and enhance the operational management of the company. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Minor Risk Market cap is less than US$100m (PK₨17.7b market cap, or US$63.6m). Reported Earnings • Oct 20
Full year 2024 earnings released: PK₨5.07 loss per share (vs PK₨3.25 loss in FY 2023) Full year 2024 results: PK₨5.07 loss per share (further deteriorated from PK₨3.25 loss in FY 2023). Revenue: PK₨34.0b (up 24% from FY 2023). Net loss: PK₨440.0m (loss widened 76% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 09
Gatron (Industries) Limited, Annual General Meeting, Oct 28, 2024 Gatron (Industries) Limited, Annual General Meeting, Oct 28, 2024. Location: at plot no. 441/49-m 2, sector m h.i.t.e., main r.c.d highway, hub chowki distt. lasbela, balochistan Pakistan New Risk • Jun 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 42% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (42% increase in shares outstanding). Market cap is less than US$100m (PK₨22.6b market cap, or US$81.4m). Reported Earnings • May 19
Third quarter 2024 earnings released: PK₨1.03 loss per share (vs PK₨1.29 loss in 3Q 2023) Third quarter 2024 results: PK₨1.03 loss per share (improved from PK₨1.29 loss in 3Q 2023). Revenue: PK₨8.68b (up 5.6% from 3Q 2023). Net loss: PK₨84.9m (loss narrowed 14% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • May 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 28% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (PK₨14.2b market cap, or US$50.9m). Upcoming Dividend • May 31
Upcoming dividend of PK₨3.00 per share Eligible shareholders must have bought the stock before 07 June 2023. Payment date: 04 July 2023. The company last paid an ordinary dividend in September 2012. The average dividend yield among industry peers is 15%. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨327, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨265, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total loss to shareholders of 35% over the past three years. Reported Earnings • Mar 07
Second quarter 2023 earnings released: PK₨2.78 loss per share (vs PK₨22.91 profit in 2Q 2022) Second quarter 2023 results: PK₨2.78 loss per share (down from PK₨22.91 profit in 2Q 2022). Revenue: PK₨7.13b (up 17% from 2Q 2022). Net loss: PK₨106.5m (down 112% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨357, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨390, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨317, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total loss to shareholders of 30% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Talat Iqbal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨405, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total returns to shareholders of 1.0% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨409, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total loss to shareholders of 9.1% over the past three years. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨336, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨402, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨400, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 7.9% over the past three years. Board Change • Aug 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Talat Iqbal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨449, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 63% over the past three years. Reported Earnings • May 02
Third quarter 2022 earnings released: EPS: PK₨17.23 (vs PK₨14.64 in 3Q 2021) Third quarter 2022 results: EPS: PK₨17.23 (up from PK₨14.64 in 3Q 2021). Revenue: PK₨5.95b (up 23% from 3Q 2021). Net income: PK₨660.9m (up 18% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Talat Iqbal was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 23% share price gain to PK₨481, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 5x in the Chemicals industry in Pakistan. Total returns to shareholders of 67% over the past three years. Reported Earnings • Mar 04
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: PK₨22.91 (up from PK₨20.54 in 2Q 2021). Revenue: PK₨6.11b (up 67% from 2Q 2021). Net income: PK₨878.9m (up 12% from 2Q 2021). Profit margin: 14% (down from 22% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨530, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨521, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 90% over the past three years. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨544, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 74% over the past three years. Reported Earnings • Oct 26
First quarter 2022 earnings released: EPS PK₨15.49 (vs PK₨16.93 in 1Q 2021) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: PK₨4.95b (up 32% from 1Q 2021). Net income: PK₨594.1m (down 8.5% from 1Q 2021). Profit margin: 12% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨555, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 137% over the past three years. Reported Earnings • Sep 21
Full year 2021 earnings released: EPS PK₨78.23 (vs PK₨37.80 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨16.6b (up 28% from FY 2020). Net income: PK₨3.00b (up 107% from FY 2020). Profit margin: 18% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨528, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total returns to shareholders of 125% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorated over the past week After last week's 18% share price decline to PK₨475, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total returns to shareholders of 139% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨522, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total returns to shareholders of 142% over the past three years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨426, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total returns to shareholders of 98% over the past three years. Reported Earnings • Apr 24
Third quarter 2021 earnings released: EPS PK₨14.64 (vs PK₨3.69 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨4.86b (up 26% from 3Q 2020). Net income: PK₨561.5m (up 297% from 3Q 2020). Profit margin: 12% (up from 3.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨580, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 197% over the past three years. Is New 90 Day High Low • Mar 13
New 90-day low: PK₨480 The company is down 11% from its price of PK₨538 on 11 December 2020. The Pakistani market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is flat over the same period. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorated over the past week After last week's 19% share price decline to PK₨480, the stock is trading at a trailing P/E ratio of 10.7x, down from the previous P/E ratio of 13.1x. This compares to an average P/E of 9x in the Chemicals industry in Pakistan. Total returns to shareholders over the past three years are 165%. Executive Departure • Feb 19
Non-Executive Chairman Haroon Bilwani has left the company On the 16th of February, Haroon Bilwani's tenure in the role of Non-Executive Chairman ended. We don't have any record of a personal shareholding under Haroon's name. Haroon is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 18
Second quarter 2021 earnings released: EPS PK₨20.54 (vs PK₨14.09 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨3.66b (up 14% from 2Q 2020). Net income: PK₨788.2m (up 46% from 2Q 2020). Profit margin: 22% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨620, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13x. This compares to an average P/E of 13x in the Chemicals industry in Pakistan. Total returns to shareholders over the past three years are 388%. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨603, the stock is trading at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 14x in the Chemicals industry in Pakistan. Total returns to shareholders over the past three years are 520%. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨620, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 13x in the Chemicals industry in Pakistan. Total returns to shareholders over the past three years are 525%. Valuation Update With 7 Day Price Move • Dec 04
Market pulls back on stock over the past week After last week's 15% share price decline to PK₨525, the stock is trading at a trailing P/E ratio of 13.6x, down from the previous P/E ratio of 16.1x. This compares to an average P/E of 13x in the Chemicals industry in Pakistan. Total returns to shareholders over the past three years are 429%. Reported Earnings • Oct 29
First quarter earnings released Over the last 12 months the company has reported total profits of PK₨1.48b, down 50% from the prior year. Total revenue was PK₨13.3b over the last 12 months, down 23% from the prior year. Reported Earnings • Oct 07
Full year earnings released - EPS PK₨37.80 Over the last 12 months the company has reported total profits of PK₨1.45b, down 61% from the prior year. Total revenue was PK₨12.9b over the last 12 months, down 27% from the prior year. Profit margins were 11%, which is lower than the 21% margin from last year. The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Sep 22
New 90-day high: PK₨675 The company is up 25% from its price of PK₨540 on 23 June 2020. The Pakistani market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. 
